Strand Finance Salary

How much does the Strand Finance Pay for employees?

As of August 2026, the average annual salary for employees at Strand Finance in the United States is $102,294. This translates to an approximate hourly wage of $49. Salaries at Strand Finance typically range from $90,013 to $115,671 annually, reflecting the diverse roles and experience levels within the company. Strand Finance’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Strand Finance Pay for Different Roles?

Explore detailed salary information for specific jobs at Strand Finance. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Strand Finance

Ready for your next career move? Explore current job openings at Strand Finance. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Strand Finance’s Pay Competitive? Salary Benchmarking Analysis

How does Strand Finance’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Strand Finance
Insurance
BenAdvance
Match Play Insurance & Financial Services LLC
Industry Comparison
Our data shows that, on average, compensation at Strand Finance is below the average for the U.S. Insurance industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Strand Finance average annual salary with several similar companies. Strand Finance average salary of $102,294 is lower than BenAdvance, which has an average salary of $103,940. It is higher than Match Play Insurance & Financial Services LLC, with their average salary at $100,290. This places Strand Finance in a mid-range position among its peers.
See Your True Competitors
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Employee Reviews: Working at Strand Finance

Considering a career at Strand Finance? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The work environment is professional, and expectations are clearly communicated. The insurance products are well-regarded, which simplifies client interactions. The insurance sector can be demanding, but the company provides ample support. Teamwork is emphasized, great for career growth. The company also offers remote work options, which improves productivity.
Management provides regular updates, ensuring everyone is aligned with company goals. The company culture is inclusive, and managers are supportive. Standard corporate environment. The benefits, including health and retirement plans, are outstanding. Highly recommend for anyone seeking stability and professional development in insurance. The benefits are excellent, including strong retirement plan...
The work is structured, and processes are clearly defined, which helps in daily tasks. The company operates efficiently with clear processes in place. The company maintains a professional and structured environment.

Strand Finance Overview

Website
www.strandfinance.com
Founded In
1978
Employees
<25 employees
Industry
Insurance
Headquarter Address
22 Tennent Rd Morganville New Jersey NJ 07751
Revenue
<$5 Million
Phone Number
+1 7325919515
Social Media
About Strand Finance
Family-owned and operated since 1980, Strand specializes in financing insurance policies for individuals and businesses. Committed to providing superior service through technology, we keep the customer at the heart of our business. Covering Commercial Insurance, Personal Auto Insurance, Assigned Risk Auto Insurance & Personal Lines Insurance, Strand provides financing for insureds, insurance agent

What Benefits Does Strand Finance Offer Beyond Salary?

A competitive compensation package is more than just a salary. Strand Finance offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New Brunswick?

Understanding the cost of living near New Brunswick is key to truly evaluating a salary offer or your current compensation at Strand Finance.
New Brunswick's Cost of Living Index is approximately 113.6 (13.6% more expensive than US average; 0.4% less than NJ average). Middlesex County (Rutgers Univ.), housing reflects student/faculty demand. NJ Transit, Rutgers buses. When planning your budget based on a salary from Strand Finance, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Strand Finance salary. Location choices impact this heavily.
Utilities (Basic) $140 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation NJ Transit bus/rail, Rutgers buses free Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $740+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,020 - $4,770+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Strand Finance

1. What is the typical salary range (low to high) for most roles at Strand Finance?

The typical annual salary range for most roles at Strand Finance is approximately from $90,013 to $115,671. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Strand Finance pay compared to BenAdvance?

The average annual salary at Strand Finance is $102,294, or an hourly wage of $49, in comparison to BenAdvance which pays $103,940 per year or $50 per hour.

3. Do salaries differ significantly between departments at Strand Finance?

Yes, salaries often differ between departments at Strand Finance due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Strand Finance?

Experience level is a significant factor in determining salary at Strand Finance, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Strand Finance in New Brunswick is fair given the local cost of living?

To determine if a salary offer from Strand Finance in New Brunswick is fair, first compare the gross salary to our data for similar roles at Strand Finance and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New Brunswick" to understand its purchasing power.

6. What are the key factors that influence salary levels at Strand Finance?

Several key factors influence salary levels at Strand Finance. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Strand Finance likely benchmarks its salaries against other companies in the Insurance sector. You can explore how these factors play out in our detailed salary data.